OT: Has anyone ever had an eBay buyer ask to pay for an item in installments?

[bnorth]

Originally Posted by bobbyw8469

Yes....A Spider Man #2 I had on Ebay......he made payments every month, and I didnt ship until the last payment came.....

That is great that it worked out for both of you.. How did that work on/with eBay?

I have never done it on eBay but have asked on here(Net54) about doing it on a complete set i purchased.

[bobbyw8469]

Originally Posted by bnorth

That is great that it worked out for both of you.. How did that work on/with eBay?

I have never done it on eBay but have asked on here(Net54) about doing it on a complete set i purchased.

I closed the item on Ebay and he made payments through PayPal, if I remember correctly......It went perfectly, but I guess there could have been problems?

[vintagetoppsguy]

I've seen sellers offer this before on BIN auctions where the price is inflated a bit. I think eBay seller Mike Denero (sp?) offers that on his eBay listings. I've never used it before, but I can understand why he offers it if it moves more cards.

[ls7plus]

I've arranged for such purchases as a buyer with dealers I knew, such as Tony Arnold and a few others. They keep the item until the last payment is made, and then ship. Has worked out quite well for me. I got my 1907 Dietsche Fielding Pose Cobb through Tony that way when cash flow in my practice was a bit tough during the great recession.

Best wishes,

Larry

[botn]

If you would be taking paypal payments be aware that in order to comply with the seller protection policy each paypal payment must have a unique tracking number. This would obviously not be possible if you are shipping 1 item. In their user agreement it recommends to never take multiple payments for an item.

And as was suggested there maybe issues with eBay in taking multiple payments for an item. I am not aware of a program where ebay supports that since it would frustrate the paypal policy and they require sellers to take paypal or another online payment service.

[bmattioli]

I would not have a problem with a BST in the forum but on EBay no way.. Too many rules with feedback, what happens after the 90 days.. I'd also say pay with a CC..

[pokerplyr80]

I agree that's what credit cards or the ebay payment plan are for. Unless I knew the person I wouldn't agree to that as an eBay seller. I did make what was for me a large purchase here once and asked if I could put a deposit and pay when a consignment sold a couple of weeks later. The seller agreed, but we had done business a few times before.

[CharleyBrown]

Originally Posted by botn

If you would be taking paypal payments be aware that in order to comply with the seller protection policy each paypal payment must have a unique tracking number. This would obviously not be possible if you are shipping 1 item. In their user agreement it recommends to never take multiple payments for an item.

And as was suggested there maybe issues with eBay in taking multiple payments for an item. I am not aware of a program where ebay supports that since it would frustrate the paypal policy and they require sellers to take paypal or another online payment service.

Greg, thanks for pointing that out. Looks like it's a violation of eBay TOS too, and since I don't know the buyer, I think it's best to pass on this one.